Medicare Part D is not broken. According to this article, Medicare Part D cost the government less than when it at the beginning.
… additional statistics from a recent survey by Medicare Today found that:
» While overall Medicare costs have gone up, Part D projections remain 43 percent below expectations during the initial 2004-2013 forecast and
» Ninety percent of Medicare Part D enrollees report being satisfied with the coverage offered through the program.
The Journal of the American Medical Association (JAMA) concluded that Part D results in $1,200 per year reduction in non-drug medical spending for each individual who previously had limited drug coverage — a $13.4 billion saving during the program’s first year alone.
Medicare Part D costs may increase if congress adds Medicaid style rebates. Read the full article from OANow.com.